Pages

Friday, 22 June 2012

Weekly Seafood Update: Norwegian Farmed Salmon Exports, week 24 2012

Statistics Norway reported an export of 18,837 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 24, 2012. On a rolling average four week basis volume in tonnes exported were up 33.4% (4,353 tonnes) on the same period last year.

The weighted average price per kilo for the week was NOK 26.21 and was down 21.9% YoY on a rolling average four week basis.

The value of exports for the week was NOK 493.753 million, an increase of 4.1% (NOK 18.908 million) on last year on a rolling average four week basis.

In general, the past trend continues with an increase in volume on last year and a decline in price. New for this week however is that the value of total exports are now increasing YoY. Also, prices are declining less on last year as prices today are competing with deteriorating prices at this stage last year - this has been the case for a few weeks now.